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...“This is what the US government wanted to see from the beginning and is the result of its recent industrial policy of giving subsidies for localised production.”...
...Among big US carriers, it appears to be the least affected by Boeing’s production and delivery issues. The Atlanta-based airline does not operate any Boeing 737 Max jets....
...That kind of thinking might explain the Cybertruck, though even it barely merited a mention beyond a guide that production’s running at 1,000 per week....
...Chief executive Elon Musk said in January that Tesla was preparing to start production of a new lower-cost car next year, priced at $25,000 and dubbed Model 2....
...It said the deal could boost its production to 150,000 barrels of oil equivalent per day by the early 2030s — more than double its output in 2023....
...The highs of late 2021, when Tesla was a trillion-dollar stock rushing to scale up production, feel far away. Free cash flow has turned negative for the first time in four years....
...Cook also visited Vietnam and Indonesia over the past week for talks on possible expansion of production....
...The lay-offs and lower-than-expected production projection come as EV sales are growing at a slower rate in the US....
...But make no mistake, it will not stop the trend of companies trying to reduce their reliance on UK production....
...Their Asian rivals, meanwhile, opt for expansion through mergers and provide a wide range of equipment for battery production....
...“Much depends on how [Musk] frames timing of the $25K” car, he said, adding that he still expected production to start in 2026 “despite robotaxi prioritisation”....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...“He’s using the same production line for a human-driven vehicle and a robotaxi, with the ability to pivot between the two depending upon the market demand at the time.”...
...A spokesperson added it was unclear when production would restart....
What can BrickLink, the eBay of plastic bricks, tell us about Lego's future corporate challenges?
...Tesla recently had to suspend production for about two weeks because the disruption to container traffic caused by Houthi missile attacks on shipping in the Red Sea deprived it of crucial parts....
...But a gap between production and delivery numbers suggests issues with demand. Musk’s polarising personality may put some customers off....
...Ithaca, whose majority owner is Israel’s Delek Group, said the transaction would create the second-biggest independent operator in the UK continental shelf, boosting its production above 100,000 barrels...
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...So everyone piled in and production shot up, but near-term demand hasn’t materialised....
...Smith says regenerative agriculture “makes a lot of sense” and will deliver a host of benefits for the environment, farmers and food production “But the carbon angle has been oversold.”...
...The Federal Aviation Authority has grounded 171 of the Max 9 aircraft pending inspections of the production lines as well as suppliers....
...Arthur makes a distinction between classic production industries, for steel and the like, and knowledge-based industries....
...But it has not been willing to fund a new supply chain for mass car production. Scrapping a project with high upfront costs makes sense. Competition has grown. Tesla has been forced to cut its prices....
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